“Two more oil production wells are currently being drilled at St Joseph oil field, which will be followed by three new oil production wells and one water injection well in the SF30 oil field,” the oil and gas group said
KUALA LUMPUR: Hibiscus Petroleum Bhd
’s associate has received an option to take part in the exploration in the offshore Gippsland Basin by the National Offshore Petroleum Titles Administrator.
In a statement yesterday, the company said its associate, 3D Oil Ltd, which is listed on the Australian Stock Exchange, was awarded the VIC/P74 permit.
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